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Blue Ocean Strategy Chapter 1: Creating Blue Oceans Team 3 Ethan Noble

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Presentation on theme: "Blue Ocean Strategy Chapter 1: Creating Blue Oceans Team 3 Ethan Noble"— Presentation transcript:

1 Blue Ocean Strategy Chapter 1: Creating Blue Oceans Team 3 Ethan Noble
Amanda Barrientes Charles Hodges Jacob Weems John Wise

2 New Market Space Red Oceans and Blue Oceans
Known and Unknown market spaces Blue Oceans within Red Oceans Red Oceans will always be a fact of business

3 The Continuing Creation of Blue Oceans
Blue Oceans have been around for centuries Red Oceans rooted in military strategy Creating Blue Oceans

4 Impact and Rise of Blue Ocean Strategy

5 Value Innovation: The Cornerstone of Blue Ocean Strategy
Costs Buyer Value What is Value Innovation Red Ocean Strategy VS. Value Innovation Value Innovation is more than Innovation Value Innovation

6 From Company and Industry to Strategic Move
Strategic move- The set of managerial actions and decisions involved in making a major market-creating business offering (Blue Ocean Strategy) Rise and fall of Atari, Data General, and National Semiconductor

7 From Company and Industry to Strategic Move
Strategic move and the creation of blue oceans sustain profitability. Success stories with companies like Cirque du Soleil in the past have been from the creation of blue oceans.

8 Formulating and Executing Blue Ocean Strategy
General belief: Rate of success Balanced? Red vs. Blue Strategy: Risk and opportunity Types of Risk Recap


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